# Bunge to acquire 70% stake in IOI Loders Croklaan for $946 million

Bunge agreed to acquire a 70% ownership interest in IOI Loders Croklaan, a B2B oils solutions provider, for a deal value of $946 million, including EUR 297 million and $595 million in cash, with about $15 million in year-one cost synergies.

- Type: Acquisition
- Announced: 2017-09-12
- Value: $946.0M
- Status: announced
- Products: specialty oils and fats, B2B oil solutions

## Companies

- [Bunge](https://endata.com/companies/2042.md) (acquirer)
- [IOI Loders Croklaan](https://endata.com/companies/2043.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/markets/commodities/bunge-to-acquire-70pct-ownership-interest-in-ioi-loders-croklaan-to-create-a-lea-idUSASB0BJ3L/), 2017-09-12: "Bunge to acquire 70pct ownership interest in IOI loders Croklaan to create a leading solutions provider in B2B Oils."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.